D. Boral Capital acted as Exclusive Placement Agent to Decent Holding Inc. (Nasdaq:DXST) in Connection with its ~$8,000,000 Registered Follow-On Offering
NEW YORK CITY, NEW YORK / ACCESS Newswire / December 1, 2025 /On November 11, 2025, Decent Holding Inc. (NASDAQ:DXST) ("Decent" or the "Company"), an established wastewater treatment services provider in China, announced the pricing of its ~$8,000,000 registered follow-on offering (the "Registered Offering") consisting of 13,333,333 Class A ordinary shares, par value US$0.0001 per share ( the "Class A Ordinary Shares") at a purchase price of US$0.60 per share (the "Public Offering Price"), and warrants to purchase 26,666,666 Class A ordinary Shares. The warrants have an exercise price equal to 110% of the Public Offering Price and a 120-day term. Gross proceeds to the Company are expected to be approximately $8,000,000, before deducting commissions and offering expenses. The Registered Offering Closed on November 12, 2025, subject to the satisfaction of customary closing conditions.
The Company expects to use the net proceeds from this Registered Offering for 1) business expansion and additional offices; 2) product research and development; 3) promoting river water quality management and expanding river water treatment; 4) development and upgrade of wastewater treatment technologies; and 5) recruiting further talent in research, development and management.
The Registered Offering is being conducted on a reasonable best effort basis. D. Boral Capital LLC acted as the exclusive placement agent for the Registered Offering. Ortoli Rosenstadt LLP acted as U.S. counsel to the Company, and Crone Law Group, P.C. acted as U.S. counsel to the placement agent.
The Registered Offering is being conducted pursuant to an effective registration statement on Form F-1 (File No. 333-289797), as amended, previously filed with the U.S. Securities and Exchange Commission ("SEC") and which subsequently became effective automatically on November 6, 2025 pursuant to Section 8(a) of the Securities Act of 1933. The Registered Offering is being made only by means of a prospectus that forms a part of the effective registration statement. Copies of the prospectus relating to the Registered Offering can be obtained at the SEC 's website at www.sec.gov or from D. Boral Capital LLC by standard mail to D. Boral Capital LLC, 590 Madison Ave 39th Floor, New York, NY 10022, or by email at info@dboralcapital.com, or by telephone at +1 (212) 970-5150. In addition, copies of the final prospectus relating to the Registered Offering, when available, may be obtained via the SEC 's website at www.sec.gov.
This press release has been prepared for informational purposes only and shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.
About Decent Holding Inc.
Decent Holding Inc. specializes in the provision of wastewater treatment by cleansing the industrial wastewater, ecological river restoration and river ecosystem management by enhancing the water quality, as well as microbial products primarily used for pollutant removal and water quality enhancement, through the Company 's operating subsidiary, Shandong Dingxin Ecology Environmental Co., Ltd. For more information, please visit: https://ir.dxshengtai.com.
About D. Boral Capital
D. Boral Capital LLC is a premier, relationship-driven global investment bank headquartered in New York. The firm is dedicated to delivering exceptional strategic advisory and tailored financial solutions to middle-market and emerging growth companies. With a proven track record, D. Boral Capital provides expert guidance to clients across diverse sectors worldwide, leveraging access to capital from key markets, including the United States, Asia, Europe, the Middle East, and Latin America.
A recognized leader on Wall Street, D. Boral Capital has successfully aggregated approximately $35 billion in capital since its inception in 2020, executing ~350 transactions across a broad range of investment banking products.
Forward Looking Statement
This press release contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts, such as the timing and completion of the Registered Offering, the satisfaction of closing conditions, the amount of proceeds to be received, the Company 's intended use of proceeds, and the closing of the Registered Offering. When the Company uses words such as "may," "will," "intend," "should," "believe," "expect," "anticipate," "project," "estimate" or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company 's expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions, the completion of the Registered Offering on the anticipated terms or at all, and all other factors discussed in the "Risk Factors" section of the Company 's latest Annual Report on Form 20-F and the "Risk Factors" section of the registration statement filed with the SEC, available for review at www.sec.gov. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.
For more information, please contact:
D. Boral Capital LLC
Email: info@dboralcapital.com
Telephone: +1 (212) 970-5150
SOURCE: D. Boral Capital
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